7 Apr 2015 4:56:30 PM Sold on 18 March 2015, the first resale transaction at DUO Residences recorded a loss of $534,050. The 1,432 sq ft apartment was resold slightly over a year since its previous owner bought it from the developer on 10 December 2013 at $2,934,050. The calculated loss excludes an estimated $288,000 seller stamp duty (SSD) payable for the transaction.
2 Apr 2015 9:44:35 AM Slice and sell! A detached house at Jalan Tupai was resold at a profit of 70% (56.3% including SSD) after breaking up and selling part of the land as a semi-detached house. What will become of the remaining 7,890 sq ft?
25 Mar 2015 6:06:50 PM Location sells. The first land parcel triggered from 1H15 GLS Programmeâ€™s Confirmed List at Sturdee Road, RCR, received an overwhelming response from developers as it closed its tender yesterday with a total of 16 bids collected. Triumphing Singland Homes Pte. Ltd. and Wee Hur Development Pte. Ltd., the first and second runner-up, by 7.3% and 11.9% respectively, Sustained Landâ€™s SL Capital (1) Pte. Ltd. topped the chart with its aggressive bid at $181.2M ($787.9 psf ppr). With its strategic location, accessibility to amenities and good transport support, this land parcel proved itself attractive despite a bearish market.
19 Mar 2015 6:22:06 PM Did you know, out of 7 landed houses sold in the first week of March, 4 were bought by purchasers with HDB address? The most expensive transaction in the list is a detached house at Braddell Heights Estate bought by a buyer with HDB address at $6m on 6 March.
10 Mar 2015 6:12:45 PM Developers still want a piece of Jurong. Triggered from 2H14 GLS confirmed list, Jurong West Street 41 Parcel B closed its tender this afternoon with a total of 9 bids received. Bidding at 6.4% and 13.8% higher than the first and second runner-up, MCL Land topped the list once again with a tender price of $338m or $630.1 psf ppr. Noteworthy, the top bid for this land parcel is 3.25% lower than its adjacent land parcel, Parcel A (Lakeville), which was awarded to MCL Land (Prestige) Pte. Ltd. in January 2013.
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